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SSC CGL 2022 PYQ — Question 30

SSC CGL - 06 Dec 2022 - Shift 3 • General Awareness • Q30

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The Balance of Payment Account of an economy is related to the ____________.

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Correct answer: B

Explanation

The correct answer is option 2 i.e. external sector.

  • The balance of payments (BOP) is the method by which countries measure all of the international monetary transactions within a certain period.
  • The balance of payments includes both the current account and capital account.